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. [laughter] >> sort of spices up the meeting. >> for us, i think the most important thing we are offering is something quintessentially san francisco. something that they cannot find anywhere else. we have two fetish fares in san francisco. there are only three other cities in the world that do that. new york, toronto, and berlin. i have been to all three and they are not nearly the same size as well we produced, or nearly as diverse. what we are always thinking about is what we are offering people that is so quintessentially san francisco that we get -- it cannot be gotten anywhere else. we are also told the switching of the entertainment this year. we have dance areas where the slides used to be. i think that for us it is about making sure that people, even if they came to san francisco in particular five years ago, that they are not experiencing the fight -- the same thing. it speaks to one of the priorities. the never-ending city. or something. i do not remember, exactly, but it is the same basic concept. even if you come here several times over and over, you will not have the same ex
the warriors. we knew we had an entity there to help us demonstrate the things we talked about when pursuing them, local hire, jobs for people, vendors respective of our small businesses, a waterfront design sensitive to the views and the environment that we want to have, and a great, great addition to our economy in the city for years and years to come, so it is with great pride that we make this announcement because many of the people in this room are looking for that opportunity from all walks of life, from every community in san francisco they see this as a city wide projected, not just on the waterfront. it's everybody's future. everybody has to be heard and i know that even this weekend there was a telephonic ability to talk to people online and the telephone. there were over 4,000 people that engaged themselves with a conversation and the warriors and about what this project meant. it's incredible. i also want to give a shout out to the port and i know monique is here and they're working hard with our team and continuing this ongoing dialogue and we will have more announcements t
to the northeast. a few sprinkles are possible for all of us during the morning hours, bulk of the rain will come in later. coast rain north bay better part of today upper 50s to mid 60s more clouds than yesterday, low to upper 60s rain in the for the bay, inland areas will be dry with mid to upper 60s. here's sue. >>> first reports of accident good news in the reverse commute direction eastbound highway 4 port chicago blocking a lane, westbound sounds like there's a duplicate accident westbound that one on the shoulder. expect delays out of antioch, 20 minute ride from hillcrest towards 242. good news in oakland southbound 880 at high, injury accident cleared out of lanes traffic should be getting by without delay. >>> we continue to follow breaking news out of redwood city where a water main break is flooding streets and two hopes near brewster avenue and warren, in the downtown area near the san mateo county government center. hopefully, that will be cleaned up as workers begin to show up in a few hours. crews are using pumps to remove water from the base s of two hopes. police are diverting t
: it is a busy news morning. the u.s. is officially getting involved in the mideast fighting. secretary of state hillary clinton is en route to meet with prime minister benjamin netanyahu as the u.s. embassy attacked this morning. we have leland on the ground. we'll go to washington with the latest details on secretary clinton's mission. >> good morning. israel and terrorist leaders of gaza exchange fire president obama is dispatching secretary clinton to the middle east it is a hastedly arranged departure from cambodia where she is involved in the ongoing summit. she plans to visit israel and ramallah and egypt because u.s. considers hamas a terrorist consideration and prohibits contact it is relying on egypt and turk yeqatar to deliver its message to the hamas leadership. >> on the trip secretary clinton will emphasize the united states interest in a peaceful out come that protects and enhances israel's security and outcome to lead to improved relations to the civilians in gaza and reopen the path for israelies and palestinians so they can live in peace and security. >> some doubt secretary cl
. the rest of that interview this week. it's quite extraordinary. that's all for us tonight. "a.c. 360" starts right now. >>> the explosions continue to rock this city that we have seen all throughout the day. we've also just this evening as we have throughout the day seen a number of rockets being fired from gaza city from the central area in gaza city toward israel. a number of those rockets have been intercepted. it's not clear how many may have gotten through this evening alone. there's a lot to tell you about today. most significantly a big strike on a building just several blocks from here that houses a number of media organizations, local media and also some foreign media organizations. it's a building that was struck on sunday and had largely been evacuated. but today the building was struck. again, the lower floors were struck again. one member of islamic jihad was said to be killed. that's confirmed by israeli and palestinian sources. a lot to tell you about. here's what the day looked like. >> reporter: day six of the battle between hamas and israeli defense forces. day six
next few years. host: founder and executive editor of the hagstrom report. thank you for joining us this morning. hohost: let's look at one last story. the former senator died overnight according to union leader.com. he had been ill for a considerable time and was instrumental in the appointment by president george h. w. bush by david sutter. before his retirement, he was associated with the law firm in new hampshire. the story points out that he was born back in 1930 and served in the united states senate from 1980 until 1993. he was asked to replace the treasury secretary by president clinton but he declined. that headline from the new hampshire a union leader. we will see you tomorrow at 7:00 a.m. here on the washington journal. until then, have a good day. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] ♪ >> here is what is coming up on the c-span network. live at noon on c-span, a discussion on the challenges in the middle east and united states foreign policy. speakers at the woodrow wilson center in could robe
liquidity concerns in the market martin schultz is with us. thanks for joining us. is this a sign of things to come, a big standoff with japan? >> well, it's rather surprising that a hopeful government coming in is picking a fight with the bank of japan when they're starting off. what is happening here is that it seems that the ldp doesn't really have a growth strategy right now and the frustration in industry with the strong yen and slowdown in export is tremendous about that. >> big problems if we have unfettered money printing. would there be as he also says 30 years of deflation? >> well, one of the lessons we have here is that many different monetary policies didn't work so far. we still have an economy that is in restructuring mode with many corporations. so sony, sharp, still trying to get back on their feet. on the other hand, we also have an economy that is slinging simply by aging and what would be needed would be strong growth policies and this is what the bank of japan will be pushing when he's in office. on the other hand, deflation is there, printing more yen might be helping
. the u.s. now part of efforts to hammer out a cease-fire in gaza as the fighting intensifies on both sides. good morning i'm jon scott. jenna: hi, everybody i'm jenna lee. air raid sirens wailing in jerusalem. [sirens blaring] jenna: you may hear those sirens, we don't hear them often over jerusalem. this is after hamas fired off a rocket aimed at the holy city. folks on your screen running for cover. word today that that rocket hit the west bank and thankfully didn't cause any injuries. the rocket, just one of the more than 1200 from hamas fired at the jewish state since a week ago. israel is targeting key hamas sites as well firing artillery shells into gaza today and going after rocket and mortar teams all along the border. all of this happening as president obama dispatched secretary of state hillary clinton to the mideast, in jerusalem, ramallah and gaza. we will start with leland vittert on the israel-gaza border. >> reporter: there are multiple reports from senior israeli officials that there will be a cease-fire deal some time in the next 12 hours. you would think that would
you with us tonight, folks. thanks for watching. democratic leaders are in this budget fight to win it for the middle class. president obama is wrapping up his southeast asia trip. in thailand he was overheard requesting help from a higher power to solve the standoff in washington. >> yes, we're working on this budget, and we're going to need a lot of prayer for that. >> the president is being lighthearted about it overseas, but in washington he is deadly serious about keeping the upper hand in negotiations. fellow democrats are defending the line in the sand. here is house democratic leader nancy pelosi when she was asked if the democrats would accept a deal extending tax cuts for the wealthy. >> we've seen talk about a possible compromise that would leave rates the same but cap deductions for high income earners. that something that is acceptable? >>. no. >> not at all? no way. >> the president made it very clear in his campaign that there is not enough -- there are not enough -- what you just described is a formula and a blueprint for hampering our future. >> that is refreshing t
day for philly and the country. it was wow. that's "hardball" for now. thank you for being with us. "the ed show" starts right now. >>> good evening, americans. welcome to "the ed show" from new york. america rejected paul ryan. apparently john boehner didn't get the memo. this is "the ed show." let's get to work. >> we have seen people talk about a possible compromise. is that something that's accepted? >> no. >> democrats aren't budging. the union breaks news on my radio show. >> how will you feel if the bush tax cuts expired across the board and we started over with the obama tax cuts? >> i think that would be acceptable. >> former labor secretary robert rush and bill pascrell on the latest movement on the fight for the middle class. >> a judge orders mediation for hostess and its employees. but make no mistake, the vulture capitalists will get their cut. i'll talk twinkie. >>> plus john mccain continues to spiral out of control over benghazi. >> the chickens are now coming home to roost. >> the banks revolt against elizabeth warren. >>> and workers are threatening strikes at wa
-- there are so many things that are on the brink of taking us on the disaster not the least of them being the possibility of cyber warfare. that's something that television news ought to be covering big time right now. i am tremendously concerned by the fact that the american public and its military have never been as far apart as they are right now. a terrific job of covering everyone in uniform and hero. we did a terrific job of welcoming them at airports saying thank you for your service. we know nothing about what's going on in the military and for what's more, the military operations these days are being launched on the basis of drone attacks, cia operatives, special operations forces out in the field, and all of that backed by civilian employees, civilian contractors, and we know next to nothing that is brought by these. islamic because the reporting is not being done? >> it's because we found that keeping the american public won't stand for a draft and the professional military wasn't enough to fight all over the world else we are now -- we've been focused on afghanistan we actuall
in the middle east, in syria. margaret warner takes us inside the opposition forces and examines turkey's efforts to help the rebels. >> gist around this corner down this cobblestone street is a back alley where you can fiefned a whole underground economy. an underground economy that helps keep the syrian resistance going. >> brown: president obama makes an historic trip to myanmar. ray suarez looks at the asian country's steps away from a closed military dictatorship. >> woodruff: paul solman reports from the rockaways on new york's long island about insurance woes for victims of hurricane sandy. >> everything you're looking at here is destroyed. this used to be a really beautiful restaurant. >> where is the financing coming from if you don't have flood insurance? >> i don't know. i really don. >> brown: and we close with the first of several conversations we'll have with newly elected senators. tonight: maine independent angus king. >> woodruff: that's all ahead on tonight's newshour. major funding for the pbs newshour has been provided by: moving our economy for 160 years. bnsf, the
>> alisyn: we use our finger to show them. >> brian: or if you have to run from the tv, run to the radio. among people on our show, alisyn camerota. >> alisyn: what? i'm going to tune in. bill: here we go with a fox news alert. air raid sirens wailing, rockets heading towards jerusalem. hillary clinton is on her way to the region to try to mediate an end to the fighting. there are more developments that have a direct impact on all of this. martha: time is running out for any quick peaceful resolution to all of this. israel saying it will hold on a ground invasion for 48 hours to see if an egyptian-brokered peace could take hold. in the meantime the bombs are still falling. israel is stepping up their assaults on key hamas targets. bill: lelan vittert joins us on the gaza border. there was talk of a cease-fire. where are we on that? >> reporter: israeli radio which has a reliable track record is quoting officials saying there will be a an aments early as tonight. from egypt they are saying israeli aggression will cease. israeli air strikes continue to pound away at the gaza s
coverage tonight. jonathan hunt at the united nations. first to david lee miller who is live for us this evening in southern israel. today, we heard from hamas leaders. what are they saying david lee? >> shep, let me give you breaking news, just a few moments ago we got word that three israeli cities in southern israel came under rocket attack. we could see the interceptor missiles overhead. this happening just a few moments ago. it was the first rocket attack we have seen in southern israel in the last several hours. now, as for the question about the hamas leadership, as hamas -- as i sudden say as gaza came under fire today by the israelis. the leader, exiled leader of hamas, michelle was speaking in cairo, that's where the cease-fire discussions are taking place. and he said that hamas is not calling for any ground war or escalation, but despite the fact that hamas over the last year has fired more than 700 rockets into israel, he said israel is the aggressor in this conflict. listen to what he said. >> we will not accept any -- they are the ones who attack. a cease-fire will cu
forces claiming to have targeted 100 gaza sites. the u.s. secretary of state hillary clinton is on her way to the middle east for talks with officials in a bid to try to end the deadly crisis. we've been watching oil prices, as well. and after sharp gains yesterday, you can see oil prices pulling back about 27 cents, still just about $89 for wti crude. we will have a live report from our nbc colleagues on the ground in the middle east coming up in the next half hour. >>> let's talk about some of the main market events of the morning. actually today fed chairman ben bernanke's speech at the economics sclub of new york is coming up at 12:15 eastern time. traders will be listening no any comments on the central bank's operation twist program and discussions about changing how the fed communicates about interest rates. operation twist expires next month. and there is some speculation the fed will continue making asset purchases by expanding the size of its $40 billion a month quantitate of it easing program. also on the economic agenda today, october housing starts released at 8:30 a.m. an
in the middle east. here are the numbers. you can also find us online. you can tweet us @cspanwj. facebook.ee spoc here is the have one of the washington post. secretary clinton will travel to the middle east as israel always risky choices on and gaza. clinton will travel to the middle east today to discuss ongoing violence in gaza according to white house officials she will talk with leaders in jerusalem, ramallah and cairo. issues leading the east asia summit that president obama is an app. the death toll in the gaza strip surpassed 100 on monday. with evidence that an egyptian a truce is in the side. ben rose, the deputy national security adviser for strategic administration at the white house says clinton and obama have been talking about this threat to the trip. -- throughout the trip. they discussed the way forward. they concluded the best way to the dance discussions with leaders is for secretary clinton to take this trip beginning with our close partner, israel. and clinton's middle east talks do not include hamas leaders. they say the secretary will not meet with hamas, that state
and the press. if i use the word twilight to suggest that network news, as we have known it, is on its way out and as something new is emerging. whether what is new will satisfy the urgent needs of our democracy cannot be noted at this time. let's hope that it will. without a free and occasionally rambunctious media, we will not be living in an open society. the free press and an open society are intimately linked, one dependent on the other. network news -- if network news is in its twilight, then perhaps our democracy is facing a turning point as well. i asked an old colleague and a friend, ted koppel, to discuss the changes in network news and what those changes might mean for our society. ted is known best for his 25 years of anchor and host of nightline, but he has also been a foreign correspondent, a war correspondent, and author, and he has covered many political campaigns. i shared something in preparing with this -- for this program. i ran into the following interesting thought. ted joined abc news in 1963. i joined cbs in 1957. if my arithmetic is right, together we represent more th
, broadcast news has been outflanked and overtaken by scores of other media options. help us understand the perceived need for these changes because they not only affect the quality of network news, by the way, do you agree with me that it is in the twilight zone a? >> it is in a twilight. but remember, twilight is usually followed by night and then don follows night. i am still hopeful. you know, it is not going to stay this way forever. i think, you know, what tends to happen in this country as you and i have observed over the last 50 or 60 years, we tend to go too far to the right, and then we correct course and passed through the middle and go too far to the left, and then we correct course again i think what is happening to broadcast journalism requires a course correction. as we come to realize that our educational system is not as good as we like to believe, that our health care system is not as good as we like to believe, that we are spending -- i mean, there are so many things that are on the brink of taking us into real disaster. not the least of them being the possibility of
cnn by phone today how his organization is looking to see what the u.s. does. >> i think the egyptians are waiting for some support from the united states in order to make an -- we expect to have an outcome of this today. >> you have so many moving parts in all of this. there is a discrepancy, hamas saying this was a cease-fire, but israel is call iing it a ca down period. and here is israel's prime minister, benjamin netanyahu, moments before word came. >> no country would tolerate rocket attacks against its cities and against its civilians. israel cannot tolerate such attacks. if a long-term solution can be put in place through diplomatic means, then israel would be a willing partner to such a solution. but if stronger military action proves necessary to stop the constant gara constant barrage of rockets, israel will not hesitate to do what is necessary to defend our people. >> the most surprising thing for the palestinians is always talking about the israeli needs, about israeli security, about israel -- without talking about the palestinian needs, about the palestinian security, ab
to fill in some more details on shifting u.s. economic and security forces toward southeast asia and the pacific. but the visit is overshadowed by other international issues in the spotlight. amongst the asia pacific community, that would be the battle over the south china sea which involves china cambodia and the philippines. while that's one of asia's biggest security issues right now, it's paling in comparison to what's going on in the middle east. fighting between israel and hamas continued again yesterday. the palestinian death toll is now up near 100 and many of those people are civilians. president obama and bill clinton both took to the phones yesterday, speaking with benjamin netanyahu of israel and president mohammed morsi of egypt. the main word they're using is de-escalate telling the two nations to scale back the violence but so far neither side is willing to cease-fire unless the other will bend to their demands. egypt does have a peace tree with israel which is why that country could be the key in pu
has departed heading for the middle east. we begin with christiane. welcome. give us a sense of this new announcement from israel. how long do you think israel is waiting to silt on this halt before it would move forward with sending ground troops in? >> well, what was reported was that a senior government official in the loop close to the talks has confirmed to me this morning that after the latest intense round of conversations and meetings between prime minister netanyahu and his inner security cabinet, which went on into the early morning hours here jerusalem time, there has been a decision taken to hold on the ground offensive. to give time, he says, limited time to make the diplomatic solution work. that is their preferred option. however, he also adds that israeli military is prepared and continues to make its preparations in case, if and when, a decision is taken to escalate to a ground war. in that case the military would be prepared to react immediately. but clearly what we're hearing and what we've been reporting over the last 24 to 36 hours is that despite the fac
>> good morning. i am patti ann browne. >> hirment childers. thank you for joining us. it is tuesday november 20th. thank you for watching "fox & friends first". >> it is time now for your 5@5:00. we begin with a fox news alert. secretary of state hillary clinton now being dispatched to the mid eels to a proo to end t crisis there. she is meeting with netanyahu in jerusalem also with palestinian and egyptian officials. >> it is for everybody to use their influence and voices to encourage people's outcomes rather than an escalation. again our bottom line is they are going to have to include an end to rocket fire. >> israelis are living in fear from relentless rocket attacks by gaza militants. they have three navy war ships. >>> another fox news lart plans for americans. overnight the fli charged on terrorism charges. in afghanistan in july for terrorist training with al qaeda. it is believed the others to convert to islam and join him overseas. he also introduced them to the radical islamic doctor. he was killed by a u.s. drone. >> attorney general eric holder will hono
hours. really trying to put a u.s. stamp, footprint, if you will, on the negotiations. how much leverage does the u.s. have in actually making sure that the cease-fire is something that's going to hold? >> well the u.s. doesn't have much leverage over hamas because the u.s. doesn't deal with hamas. the u.s. government, previous governments, regards hamas as a terrorist organization. when secretary of state hillary clinton visits here in jerusalem later, then goes to ramallah to meet with mahmoud abbas tomorrow and then goes to cairo she's not going to meet with anyone from hamas. the u.s. does have leverage on egypt, given the economic and military assistance the u.s. provides to egypt and given the dire economic straits that the egyptians are in right now. so the u.s. has leverage on the egyptians and obviously the u.s. has very good relations with israel. so the u.s. is a key player in all of this. but as far as leverage on hamas, u.s. leverage is limited. >> secretary of state hillary clinton's arriving soon in jerusalem about three hours or so from now. she'll go to ramallah, then on
that the employer can use. now, i grant this isn't just a skills training program, but you've got to know how to write, to speak, to think. and i think a lot of our problem is that we graduate many students that don't necessarily do that well. and if the humanity majors, and they do not do that especially well, then they have got trouble. so, and they can't necessarily prove they do those things will. earlier someone said, i think you, jim, talked about the need for computer skills. my guess is that if the humanities majors, major really helped some sort of certification, that showed certain skills. i think that we haven't fully grappled with how to deal with our desire, our feeling that we need to have the humanities as a critical part of the university, we need to have the numbers, students take these. we believe that but we haven't grappled with how we can get these folks jobs. they are not going to get at the big corporations and less they have very good grades. and we can't necessarily, so far, it's not easy for them to establish they have the skills, especially if they don't have those
important instrument for us, and we'll be using that at some point, at the appropriate time, to begin to tighten monetary policy. now, you're talking about the other direction, why not just cut it to zero, pay no interest on excess reserves, and thereby, get more accommodation? well, it's something we've considered repeatedly, and we continue to consider, and i don't rule it out as an action in the futtre, what we do is the following. if we were to cut the interest rate from 25 basis points to 0 #, our estimate is it affects short term interest rates, like overnight rates, on the order of eight or nine basis points, extremely small amount, in turn, having a smaller effect on loans like housing loans or auto loans ect.. the stimulated agent -- act of that action is small, but on the other hand, the concerns we've had or some have had is that if there is no return on institutions, money market funds, repo markets and so on could be liquid because there's little incentive to act in the markets when interests pay zero, why not just hold cash or fallow reserves? so the concern is that, per
model is at war with life on this planet. it's at war with us." >> and-- >> there's something fundamentally flawed about a system where in order to get elected the members of congress have to rely on the very people who are lobbying them day in and day out. because that's their principal source of funding, those lobbyists and the interests they represent. >> funding is provided by: carnie corporation onew york, celebrating 100 years of philanthropy, and committed to doing real and permanent good in the world. the kohlberg foundation. independent production fund, with support from the partridge foundation, a john and polly guth charitable fund. the clements foundation. park foundation, dedicated to heightening public awareness of critical issues. the herb alpert foundation, supporting organizations whose mission is to promote compassion and creativity in our society. the bernard and audre rapoport foundation. the john d. and catherine t. macarthur foundation, committed to building a more just, verdant, and peaceful world. more information at macfound.org." anne gumowitz. the be
temperatures continue to rise. violence is ratching up in the middle east. john brady of rj o'brien joins us now for a look at the trading day from cme group. good to have you on the show this morning. > > thank you much. > > oil prices were higher yesterday by almost 3% during the session at one point. is the middle east the main driver behind the move? > > i don't think so actually. i think the the strength in crude was mirrored by strength in other commodities as well, and specifically risk assets had a super day on monday with the idea that over the course of the weekend, treasury secretary geithner, president obama and other high-ranking administration and congressional officials seemed to hint to the media that a fiscal cliff deal would happen before the middle of or end of december, and thus risk assets took that as meaning that, really in the background, fiscal cliff negotiations are speeding up and are intensifying, and that we will have a solution. so monday's trade was really about a fiscal cliff solution. the dollar was lower, commodity prices were higher, and equities of course
using these principles. [applause] in fact san francisco was recently recognized by the world green building council as having the greenest building policy by any local level in the year 2011 and we just began implementing our existing commercial energy performance ordinance which helps private property owners lower energy use. through san francisco's program green sf we are making it easier for property owners to secure financing for green building upgrades and as can you see green buildings has become the standard rather than the exception. for our public libraries to affordable housing units, even to the home of our world series giants and their structure our buildings are achieving lead certification at a rapid pace and our san francisco public utilities commission has won smartest building in the world and we have honors such as the greenest city in north america, the walkable city, and the best green policies, the green tech of north america and forbes recognized that san francisco has the most green jobs in the united states. that's jobs. that's one of the most important t
with benjamin netanyahu. >> thousands of u.s. marines are on the move. u.s. navy warships are heading closer to israel. >>> deadly storm now is crow ating a soggy mess in the pacific northwest. >> even by seattle standards, a lot of rain. already 7" and still counting. >>> cops now say the deadly explosion that blew up several homes in indianapolis may have been intentional. >> homicide investigation now is under way. two people were killed. seven others injured. >> there is a search for truth and a search for justice. >>> huge fire caused explosions and panic in north houston. >> looked like the world was on fire over here. >>> walmart workers plan to strike at 1,000 stores on black friday. >> it's not fair how they treat us. >>> touchdown! >> the bears cleaned out by the niners. >>> all that -- >> listen to me. >> it doesn't have to be like that. >> when i ask you a question and you don't have an answer it's best to say i don't know. >>> hostess won't go out of business just yet. private mediation. >> hostess makes twinkies ho-hos and ding dongs. >>> my mom,
apprehensive this could be the final hurdle. you're talking about the presence or the arrival of u.s. secretary of state hillary clinton. there is no doubt the u.s. can play a very important role in this. it can exert a tremendous amount of leverage on the israelis to avoid a ground invasion of the gaza strip. while the u.s. does believe that israel has a right too defend itself there is a widening belief here among many, this is what is being communicated to the u.s. by egyptian officials, that a ground invasion and further military escalation will not solve this. we've been down this road before. >> go ahead, ayman. if you're still there. >> i'm still here. i was saying that they've been down this road before, used the military option back in 2008, and previously it hasn't solved the gaza problem and so many people are saying that this has to stop. to really think of a new paradigm shift in how to solve the crisis in gaza and the larger with the israeli/palestinian conflict. >> yesterday we were talking about the americans passively having too light a footprint in the region, against the back
behind their civilians. the terrorists targets are children and they use their own children as human shields. but if stronger military action proves necessary to stop the barrage of rockets, israel will not hesitate to do what is necessary to defend our people. >> secretary of state hillary clinton is heading to jerusalem to help secure a truce before israel launches a ground invasion. u.n. secretary-general ban ki moon is also there and nine arab leaders are showing solidarity with the palestinians. a big change since the last serious fighting four years ago. earlier today at the u.n., the united states blocked a joint statement condemning the conflict because it didn't mention the root cause which the u.s. says is hamas missile attacks. nbc's martin fletcher is in tel aviv and martin, if there's a talk of cease-fire, what is israel doing dropping leaflets? >> reporter: that's a good question. israel actually -- it has not said that the cease-fire is as far advanced as the arabs have. israel is insisting on a long-term solution and they haven't got that yet. so what they're doing is
around the corner. >> and ben, i know right before you literally came on the air with us, there were a couple of rockets that went off behind you. how frequently do they strike? >> they're sporadic and in no sense is it through the the day. every few hours. you'll hear sort of a deep roar and push as it goes out. i say that's about a third of a mile from here. about four or five rockets went out. but we saw them way up in the sky hit by those missiles of israel's iron dome system, so it doesn't appear that they actually reached their targets. on the other side of the border. >> thank you very much. reporting from gaza and now, let's go to israel. fred is in ashkelan, and does the escalation you've seen in this conflict seem different than what you've seen in prior conflicts between hamas and israel? >> reporter: well, certainly, if you look at the civilian population here, they seem to be a lot more worried than in the past. one of the things that's going on is that there are a lot of rockets falling down on the area here around gaza. certainly a lot more than you would have at norma
very much. we appreciate it. both come back soon. that does it for us. make sure to join us tomorrow. >>> good morning. welcome to "squawk on the street." i'm melissa lee with carl quintanilla, jim cramer and david faber live from the new york stock exchange. let's get straight to our top story. a bombshell involving hewlett packard sending stocks down sharply. david broke the story. he has details. >> hewlett packard out with quarterly earnings this morning but the real story is part of that earnings release allegation the company was the victim of a massive fraud when i purchased a u.k. company, $11.1 billion deal that closed in october of last year. hp has taken 8.8 billion write-down on autonomy and 5 billion due to serious improprieties and misrepresentations and disclosure failures that occurred prior to its purchase by hewlett packard. in other words, it's fraud. after autonomy's founder and ceo michael lynch was fired by meg whitman, sources close to the company tell me a senior executive from autonomy came forward with evidence of widespread accounting misrepresentations tha
from us and we will be using that at some point, at the appropriate time to begin to tight monetary policy. now, you're talking about the other direction, why don't we just cut it to zero, pay no interest on excess reserves and there thereby, get a little more accommodation? it is something we have considered repeatedly, i don't rule it out as an action in the future. the cost benefit analysis we have done in looking at it, starting where we are at 25 basis points is the following. if we cut -- if we were to cut that it interest rate from 25 basis points to zero, our estimate is that it would affect very short-term interest rates, like overnight rates by something on the order of eight or nine basis points, extremely small amount. and that, in turn, would have even a smaller effect on the interest rate wes care about like the rates on auto loans or houses, et cetera. so the stimulative effect of that action, while going in the right direction, we assess as being very, very small. on the other side you can the concern we have, or at least some have had, is that if there is no return
have a country where we used to require, don't know if they still do, does anybody have to have a sponsor and so much money in the bank because it used to be our grandparents had to have a lot of different assets or wee they would send them back home. tom: let's go to jonathan. >> we should want immigrants to come, of course, they are a vital resource in a benefit to this country. entitlements are not. the fact they are ready for freedom and we are at the door the minute they step off of ellis island handing them the benefits and saying sign-up, i think it only is in decorating immigrants but would-be voters and you know which way they will vote. >> should be encouraging people to be contributing members of society, not burdened on the system. we say welcome to the country, be a burden on the system. tom: we used to have that rule, do we still have that rule? i'm asking the question. >> there are clear set of systems and requirements for anybody who comes over to be an immigrant or become a citizen. a lot of what we're talking about for immigration reforms are setting up very cl
begins right now. >> bill: one of the bad things about america is that some of us feel the need to kick people when they are down. that's exactly what's happening to mitt romney right now. millions of americans are very disappointed that the governor did not weaj a more -- wage a more aggressive campaign to unseed president obama. played it safe. signatures out the last 8 days of the campaign. after hurricane sandy hit the east coast the governor simply disappeared from the news cycle, apparently that was fine with him because he had many opportunities to state his case with some urgency in the last weekend but passed. so president obama's team, run by the brilliant david axelrod, won the fourth quarter bill. they pinpointed voters who might support them, government them out to vote on election day. meantime, the romney campaign made a series of local appearances saying the same thing over and over and over. early on election night when trends began to appear, i said. this. >> it's a changing country, the demographics are changing. it's not a traditional america anymore. and there are 5
, an israeli man wielding an ax and a knife attacked an israeli security guard outside the gates of the u.s. embassy in tel aviv. an embassy spokesman says that the situation has been contained. savannah. >> richard engle in gaza. thank you. >>> it's the latest shocking twist in the deadly explosion that nearly leveled an indian atlas neighborhood earlier this month. now authorities are saying it appears to be no accident. kevin tibbles is there. good morning to you. >> reporter: matt, it's been just over a week since the deadly explosion rocked this indianapolis neighborhood. two people dead, more than 80 homes either destroyed or damaged. well, now the authorities here are calling this a homicide investigation. it was a sad scene at a double funeral in indianapolis monday. >> yeah. very sad. it just seems like such a waste of wonderful people to die so young. >> reporter: hundreds came to pay their respects to john and jennifer longworth, the couple killed in a november so e explosion that destroyed five homes and damaged dozens. the couple lived next door to the house that investigators
end on an upward trajectory, getting the best possible people around him as confederates in the u.s. senate, strong ministers in the cabinet around him. go for it, mr. president. good isn't great. great is great. that's "hardball" for now. thanks for being with us. "politicsnation" with al sharpton starts right now. >> thanks, chris. thanks to you for tuning in. tonight's lead -- still conservative after all this year. governor romney spent the whole gop primary season catering to the right, telling immigrants to self-deport, bragging that he'd get rid of planned parenthood, saying he'd cut everyone's taxes. so, how did that work out for him? here's how mr. romney was recently spotted pumping his own gas in california. no secret service, no advisers, and no words on whether he used regular or premium. romney thought he'd be on the road to the white house by now. instead, he's just on the road. meanwhile, the president is heading home on air force one after meeting with world leaders. he didn't pump the gas for that plane. here's the point. elections have consequences. the american p
, everybody, welcome, welcome, it's fun day monday, november 19th. we are delighted that you're here with us today. this is a very bittersweet day for me, hoda woman. bittersweet since it's the 10th anniversary since my daddy passed away. you know what it's like. hoda and i both lost our dads way too early, but we were so blessed to have fathers like we did. >> absolutely. >> he would have been smiling bigger than anybody on the planet last thursday night. >> every now and then in life you have a magical moment, and that night, the night that your show premiered, was incredibly magical. it was packed with all kinds of people, us, natalie, matt, al, regis, kris jenner, liza manelli. there was a crazy red carpet. then frank and your kids, anyway, you walked inside and the place was buzzing. and once -- >> sorry. thank god for mary and laura. >> and the curtain went up and it was one of those things everybody kind of held their breath, this was happening. got on that stage, you guys, and sang like you could not believe. in fact, the guy from "variety" came to me after the show and said give her
israel was hard. does he agree with me that the use of long range imported missiles by hamas capable of striking jerusalem has made this much were difficult to achieve? >> yes, absolutely. it is clear that the armory of rockets in gaza has changed since the time of operation, and although there is a longer range rockets, we seen them launch at tel aviv and at least in one case at jerusalem. of course that is an escalation of the threat to israel. but it only underlines the importance of taking forward all the work on a negotiated piece and settlement in the middle east so which has been supported across the house. >> in august this year in a report that gaza would be unlivable by 2020, 44% of posting in gaza -- [inaudible] what conversation has he had with counterparts recently on increasing basic humanitarian coming into gaza and that continues to increase? >> this is a constant part of discussions with israeli leaders. of course, we put the case for that, and, indeed, more than that, in saying not only that humanitarian relief is required but that the difference in more an open app
be settled with iran or we go to the next option? what you think of the casual use of the year as a deadline? ok, thank you. >> i think all of these different shades of gray from total denuclearization to starting iran only at the markhor they would be a fully -- only at the marker where they would be hopefully nuclear- capable country he is confusing. we are all tempted to over- interpret. we started in the iranian process saying to literally stop any nuclear capabilities. that is no longer what we are talking about. that is no longer achievable as a longshot. i think the goal inside the administration, what is the true red line before the united states as opposed to israel or neighbors of iran? i think it is possible that we could accept something that the iranians would say we have already picked the japan option. we want to demonstrate we have the technical capabilities, but without the possibility of deploying full weapons systems and we would give assurance to the international community. whether the president used slightly more casual language than he intended that day, i do not know.
off the personal portfolio management errors before they cost another dime for us. today we got two examples of what could go wrong in banking. if you are like me, i have both and hq and pc household printer. to finish at $11.71. best buy. the big box retailer, i have not once but twice done in the last six months. closed at $11.96. two household names that you have been lured into only to have hopes dashed into unmitigated disasters. >> the house of pain. >> what went wrong? hewl hewlett-packard was an accounting scandal. both seemed to shock investors however, if you watch this show, you should never have been in these stocks. i told you that these companies were total dogs. this morning the company was acquired for $10 million and this was stunning news. if you own hewlett-packard you were in the crosshairs of two victims. you have to sell sell sell. i kept a hand-written note, accounting irregular layerities equal sell. hewlett-packard has got to be sold. i have to tell you that you should be selling the company for ages. i believe that the culture of the company has been broken
things out there. help us win this game. >> tonight was probably the worst nightmare. >> thumb it up. warriors in overtime in dallas. in recent years this was the game that golden state would have found some way to lose. different group. fourth quarter 2 minutes left. curry with a runner here. he had 31 points. 90-88 golden state. would answer here one-on-one with him and rises and fires. we are tied. barns to drive. own rebound passes out to some son. hold for one last shot what are you doing? no. huge mental mistake. that gives dallas 1 final chance to win it but carter in overtime and curry lead the way to drive and 17 point and 19 board. warriors nice road win. >> thanks larry. >> "nightline"next. >>kx@ñ ♪ did she use that line your place or mine when you danced with rea ♪ did she use that line your place or mine when you danced with her real slow ♪ ♪ tell me cheater cheater >> oh, getting raunchy tonight. white trash ho. >> the w-t-h. >> mm, mm, mm. >>> we have all seen the pictures, paula broadwell with her husband and children who has been labeled the wth
bell" will have much more on this deal. >> down 54% year to date. thank you so much for joining us today. >> i'm off tomorrow. you got here. happy thanksgiving, everybody. >> "closing bell" is next. >>> hi, everybody. we enter the final stretch. welcome to the "closing bell." i'm marcich -- maria bartiromo the new york stock exchange. a shocking loss at hewlett-packard, damaging the entire market. the story broken here on cnbc by david faber earlier. >> this has been a really newsy day for a holiday shortened week. i'm bill griffeth. let's show you the markets, how they've been trading here. it will be pretty evident when ben baernanke made that comment that the fed doesn't have the tools to deal with the economy should we go off the fiscal cliff. down it went. we were down 94 points on the dow on the low of the session. now off that low, down 39 at 12,756. nasdaq's lower. apple is also lower today after that monster 7% plus rally yesterday. it's down about a percent right now. the nasdaq down 8-plus points. the s&p is down 3 at 1383. >> not a lot of news from the bernanke lunch ex
the islamic national bank in gaza city that israel says is used to fund terror operations. hamas militants have launched more than a thousand rockets into israel during this week-long battle. palestinian officials say 38 more people were killed monday, including women and children. israel says it's trying to minimize civilian casualties. >> the problem is the terrorists are hiding these rocket launchers deep inside civilian areas and mosques and schools and people's homes, firing them at our civilians. it's very hard to get to this equipment, but it's necessary. >> reporter: president obama is sending secretary of state hillary clinton to israel to help with cease fire negotiations. she'll arrive today and meet with israeli prime minister benjamin netanyahu tomorrow. >> the bottom line is it has to be an end to rocket fire that threatens israel. >> reporter: the political leader of hamas told reporters in cairo hamas will not stop launching rockets until israel stops its bombing campaign and ends the blockade of gaza. he also said israel is bluffing and won't send troops into gaza. israeli
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